From Global Times dot cn
While we regularly hear of the number of new cars hitting Beijing’s roads, there’s less discussion of the second-hand auto market, which has also developed rapidly in recent years. However, the financial services aimed at second-hand auto merchants is far from caught up with the development of the auto market, so pawn shops featuring rapid financing and flexibility have taken the initiative to seize the market for future growth.
Tags: China Economy, consumer credit, Pawn Loans, pawnbroker, pawnshop
